OPEN-SOURCE SCRIPT

Crypto ADX Scanner

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Purpose

Crypto ADX Scanner helps traders quickly identify which selected assets are currently trending strongly.
It scans multiple symbols at once and ranks them by ADX (Average Directional Index) strength.

What This Indicator Does
  • Monitors up to 20 user-selected assets
  • Calculates ADX for each asset on the current chart timeframe
  • Filters assets where ADX ≥ threshold
  • Sorts qualifying assets from strongest to weakest trend
  • Displays results in a table overlay


How to Use
  • Add the indicator to any chart.
  • Set your Asset 1–20 symbols.
  • Adjust ADX Threshold to control how strict “strong trend” is.
  • Focus on the top assets in the table — these have the strongest trends right now.
  • Apply your own entry strategy on the shortlisted assets.


Key Settings
  • ADX Threshold (default 25)

Higher = only strong trends
Lower = earlier trend detection
  • ADX Length / Smoothing

Controls responsiveness vs smoothness of trend strength

How to Interpret ADX
  • ADX measures trend strength only, not direction
  • Higher ADX = stronger trend (bullish or bearish)
  • Direction should be confirmed with price structure or other indicators


Best Use Case
  • Market scanning
  • Watchlist filtering
  • Identifying trend-friendly assets
  • Avoiding choppy or low-momentum markets


Notes
  • Works on any timeframe
  • Table updates automatically on the latest bar
  • Designed as a trend-strength filter, not a buy/sell signal

면책사항

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